Alabama Power Company, a wholly owned subsidiary of The Southern Company (NYSE: SO), issued $150 million of Series JJ 6.375% Senior Notes due June 15, 2046. The Senior Notes began trading on the NYSE on
Alabama Power electricity supply and service to 1.2 million homes, businesses and industries in the southern two-thirds of
Chesapeake Energy Corporation (NYSE: CHK) issued $575 million of 6.25% Mandatory Convertible Preferred Stock which began trading on the NYSE on June 30, 2006, under the ticker symbol CHK Pr E. Each share of the mandatory convertible preferred stocks will automatically convert on
Chesapeake Energy Corporation is an oil and natural gas exploration and production company, engaged in the acquisition, exploration and development of properties for the production of crude oil and natural gas from underground reservoirs, and the marketing of natural gas and oil for other working interest owners in properties it operates.
Pulte Homes (NYSE: PHM) issued $150 million of 7.375% Senior Notes due 2046, which began trading on the NYSE on
Pulte Homes, Inc., through its subsidiaries, engages in the homebuilding and financial services businesses.
Sovereign Capital Trust V, a statutory trust established by Sovereign Bancorp (NYSE: SOV), issued $175 million of 7.75% Capital Securities. The Capital Securities began trading on the NYSE on
Sovereign Bancorp, Inc. serves as the holding company for Sovereign Bank, and is a financial institution with more than 650 community-banking offices, over 1,000 automated teller machines (ATMs) and about 10,000 team members with principal markets in the
Capital One Capital II, a statutory trust established by the Capital One Financial Corporation (NYSE: COF), issued $345 million of 7.5% Enhanced Trust Preferred Securities (Enhanced T RU PS), due June 15, 2066 . The Trust Preferred Securities began trading on the NYSE on
Capital One Financial Corporation is a diversified financial services company, which markets a variety of financial products and services through its banking and non-banking subsidiaries.
The first two iPathSMExchange Traded Notes (ETNs), issued by Barclays Bank PLC (NYSE: BCS), began trading on the NYSE on
The iPathSMDow Jones-AIG Commodity Index Total ReturnSMETN due June 12, 2036 is linked to the Dow Jones-AIG Commodity Total Return IndexSMand reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. Barclays Bank PLC issued $500 million of iPath ETNs linked to the Dow Jones-AIG Commodity Index Total Return, in increments of $50. The ETNs trade under the symbol DJP, and are traded by SIG Index Specialists LLC.
The iPathSM GSCI® Total Return Index ETN due
Barclays Bank PLC is a global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services.
The Comcast Corporation (NASDAQ: CMCSA) issued $345 million of 7.00% Notes due 2055 which began trading on the NYSE on
Comcast Corporation is a broadband cable provider in the
NYSE “Beyond Equities” – Structured Products
Since 1988, the NYSE has supported the capital-raising needs of qualified companies by providing a market for both debt and equity structured products including capital securities, mandatory convertibles, repackaged securities, equity-linked and index-linked securities, and corporate debt securities traded on the Exchange floor. The Exchange’s Structured Products Group reported a healthy new-listings environment so far for 2006, with 32 new offerings valued at almost $15 billion.